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Associates that have been accounted for by the equity method at 31 Dec. 2013

EURm

Name

Carrying amount

Fair value*)

Interest held %

Assets/ liabilities

Revenue

Profit/loss

Nordea Bank Abp

6,906

8,413

21.25

630 434 / 601 225

9,891

3,116

Topdanmark A/S

363

603

27.98

7 980 / 7 278

1,187

167

Autovahinkokeskus Oy

3

35.50

9 / 1

9

0

Consulting AB Lennemark & Andersson

1

22.00

11 / 6

17

1

Urzus Group AS

2

28.60

11 / 10

8

-4

Svithun Assuranse AS (Norway)

1

33.00

1 / 1

2

0

Watercircles Skandinavia AS (Norway)

4

39.60

7 / 10

6

-4

Associates that have been accounted for by the equity method at 31 Dec. 2012

EURm

Name

Carrying amount

Fair value*)

Interest held %

Assets/ liabilities

Revenue

Profit/loss

Nordea Bank Abp

6,687

6,226

21.25

668 178 / 640 173

9,998

3,126

Topdanmark A/S

352

512

25.44

8 291 / 7 612

1,253

178

Autovahinkokeskus Oy

3

35.54

9 / 1

8

1

Consulting AB Lennemark & Andersson

1

21.98

16 /1

16

1

Urzus Group AS

3

28.57

4 / -6

4

-6

Svithun Assuranse AS (Norway)

1

33.00

2 / 0

2

0

Watercircles Skandinavia AS (Norway)

2

27.68

3 / -4

3

-4

*) Published price quatation

Changes in investments in associates

EURm

2013

2012

At beginning of year

7,049

6,593

Share of loss/profit

686

700

Additions

3

3

Disposals

-293

-224

Changes in the equity of associates

-128

-21

Exchange differences

-36

-1

At end of year

7,282

7,049

At 31 Dec. 2013, the carrying amount of investments in associates included goodwill EURm 1,102 (1,100), including goodwill from the Nordea acquisition EURm 978 (978).

Sampo's holding in Nordea

Nordea is an universal bank with positions within corporate merchant banking as well as retail banking and private banking. With approximately 1,400 branches, call centers in all Nordic countries and an e-bank, Nordea also has a large distribution network for customers in the Nordic and Baltic sea region, including more than 260 branches in five new European markets, Russia, Poland, Lithuania, Latvia and Estonia.

Nordea was first conslidated as an associate company from 31 Dec. 2009 with Sampo's holding of 20.05 per cent. In the financial year 2013, Sampo's holding in Nordea was 21.25 per cent with the goodwill related to the acquisitions of EURm 978.